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Commercial Land with Existing Building
New
For Sale
$370,000

3032 Sunset Boulevard, West Columbia, SC 29169

West Columbia, SC

Property Size1,970 SF
Price / SF$187.82
Days on Market2

Property Features for 3032 Sunset Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 1,970 SF

Building Details

Year built 1970
Listing Agency: NextHome Specialists
Listed By: Tara Dickerson
Added: Oct 22 Last Checked: Oct 23 at 4:06PM
MLS# 611387

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This commercial land offering includes a 1,970-square-foot building constructed in 1970. The owner may consider renovating the existing structure or building to suit, subject to additional terms.

The property is on Sunset Boulevard (US-378), between two signalized intersections. Lexington Medical Center and major interstates are nearby. A billboard on the property is excluded from the sale.

Key Highlights

  • 1,970‑square‑foot existing building constructed in 1970
  • Located on Sunset Boulevard (US‑378), between two signalized intersections
  • Near Lexington Medical Center and major interstates

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,837
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,740 $396.7K
Cap Rate 7%
$283,386 $283.4K
Cap Rate 9%
$220,411 $220.4K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$29.6K $15.00/SF
− Vacancy
−$1.2K −$0.61/SF
EGI
$28.3K $14.39/SF
− OpEx
−$8.5K −$4.32/SF
NOI
$19.8K $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,740
Cap Rate 7%
$283,386
Cap Rate 9%
$220,411

Alternative Uses

Best Use
Retail
$283.4K
$248.0K – $330.6K (±1% cap)
NOI $19,837 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$529.1K
$463.0K – $617.3K (±1% cap)
NOI $37,036 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Repair Shop Restaurant Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 36% Hotels & Casinos 3%
Murphy USA Shops & Services
24,604 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
17,672 visits/mo 0.4 miles
Freddy's Frozen Custard & Steakburgers Dining
13,837 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,662 visits/mo 0.3 miles
La Fogata Dining
7,931 visits/mo 0.4 miles

Demographics for 29169, SC

22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The site includes an existing commercial building, with potential for owner-led renovation or build-to-suit under additional terms.
Where is this commercial land located?
The property is located at 3032 Sunset Boulevard West Columbia, SC.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 1,970‑square‑foot existing building constructed in 1970; Located on Sunset Boulevard (US‑378), between two signalized intersections; Near Lexington Medical Center and major interstates
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